Showing 1 - 10 of 8,647
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548
, this paper analyzes how the resulting euro contradiction conditioned the ongoing euro crisis as well as current strategies … to resolve it. While Germany generally prevailed in hammering out the design of the euro policy regime, the German … misunderstanding has made Germany the main culprit in the euro crisis, but it has yet to face the full consequences of its actions …
Persistent link: https://www.econbiz.de/10009732260
trade, production and financial market linkages - has engendered several macroeconomic implications for the euro area. This … paper focuses on assessing the key impacts on the euro area macroeconomy through an analysis of prospective channels … openness of the euro area in terms of both trade and capital flows as well as the global reduction in transportation and …
Persistent link: https://www.econbiz.de/10013157128
There are many issues associated with the Eurozone accession of Poland. The goal of this paper is to analyse one, but … investigate how joining the Eurozone will affect the business cycle behaviour of the main macroeconomic variables in Poland. We … find that the Euro adoption will have a noticeable impact on the Polish economic fluctuations. In particular, the …
Persistent link: https://www.econbiz.de/10013130739
the euro area. Equally importantly, economies with a weaker track record in terms of economic and institutional quality …
Persistent link: https://www.econbiz.de/10013316460
We show that a .scal expansion by the core economies of the euro area would have a large and positive impact on … of core government spending equal to one percent of euro area GDP would boost periphery GDP around 1 percent in a …
Persistent link: https://www.econbiz.de/10011294265
In this paper, the monetary policy independence of European nations in the years before European Monetary Union (EMU) is investigated using cointegration techniques. Daily data is used to assess pairwise relationships between individual EMU nations and ‘lead' nation Germany, to assess the...
Persistent link: https://www.econbiz.de/10013118510
The paper provides an account of the meaning and implications of TARGET2 in the eurozone (EZ) balance of payments …
Persistent link: https://www.econbiz.de/10013017589
The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...
Persistent link: https://www.econbiz.de/10013317517